St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-05-01
A PERMANENT PROSPERITY.
Out of the old house into the new.

Out of the old house into the new.
The dawn of this pleasant May morn
ing finds the GLOBE transferred into its
magnificent new quarters. AS we look
out from our eminence over the city
spread out before Us, just awaking to the
days busy, busting life, we cannot re-
fran fromdrawing Il comparison between
the growth and development of orr own
newspaper establishment and that of
the great city with which it is so insep-
arably identified.
The GLOBES prosperity and condi-
tons of permanent solidity are fairly
typical of the growth, development and
enduring characteristics of st. Paul's
prosperity.
a short stretch of very few years
carries us back to the humble begin
nings of the GLOBE, when its sole capt.
tai consisted in the faith of is founders,
and its foundation walls were laid in a
cement of hope.
A little longer stretch of but few
more years carries us back to little
village of wooden cottages, springing
up on the banks of the Upper Mis-
siSSippi, as if in very mockery
of the wild and untamed conditions
surrounding it. There are those yet
living in our midst who retain vivid
recollection of the fierce struggles of st.
Pau'S early existence, when the pio-
neerS laid deep the foundations of its
present imperial grandeur and had no
light by which to work except those
same beaming rays of Hope that
''smiled the clouds away and tinted the
morrow with prophetic ray" Faith
was the vital principle which kept their
hearts firm amid the pressure Of the
thousands of discouraging conditions
which beset them, and: it was by the
eye of faith they were enabled to
discover the opening glories of St.
Paul's future.
A city whose foundations have been
laid by builders who had an mistaken
faith in its future greatness, must of
necessity rest on solid basis. Forum
ately for st. Paul, the men who fol-
lowed its pioneers have been similarly
inspired and the result of their united
and successive efforts has been the up
building OF metropolis at the head Of
navigation on the Mississippi, whose
marvellous growth has not only chal-
lenged the admiration of the world, but
has created universal confidence in the
permanenee Of its prosperity. -
Beyond the marvellous rapidity of its
growth there has been nothing of the
mushroom type in the progress of the
GLoBE. 1t is housed in building made
with hands, it is true, but whose foun-
dation IS as lasting as the worlds dura-
ton. 1t reStS on the everlasting granite.
The same is true of the city of ST..
Paul. 1t is no JOnah'S gourd, which
grew up in a night only to wither and
die at the touch of the first sun ray. 1t
has had a development akin TO the
.
yet it has continued TO expand into in
creased power and greatness under the
genial warmth of its prosperous condi-
tions.
A retrospect of the last eight years,
embracing the GLOBES total history and
the main part of st. Paul's development,
unfoldS chapter of substantial pros
perity which finds no parallel in the an
mails of cities. From city of 10000 in
habitants it has grown into apopulation
of 10000; and its people have come to
stay. Ours is not a population of car
pet-bagging adventures. They have
come here with their all and have fixed
their permanent destiny with us. They
have brought their wealth and their
families with them. They have built
their homes and have invested
their money and have engaged
in permanent business here. Ours
is staying population and not float
ing element. The steady, continuous
and conservative growth in the value of
st. Paul real estate is another evidence
OF the permanent prosperity of the city.
Within the eight years which we are
retroSpecting, there has not been a sale
or exchange of real estate in which the
consideration named has not been a
greater sum than that named in the pre-
viouS sale or exchange. The character
of our buildings are additional evidence
of the permanent conditions OF
the city's prosperity. The first
thing to impress the stranger visit.
ing our city is the air of solidity
which everything wears. 1t bears the
appearance Of a city which is being
built to endure forever. And, then,
when i'll addition to all these evidences
we adduce the statistics of our banking.
railroad, jobbing and manufacturing in,
terests, the proof of the enduring eondi
ton of the city's prosperity is so over
whelming as to leave no room for skep.
ticiSm.
And yet it is only the early morn OF
our development. The day of our pros.
perity lies before us. And, as with the